Validus Algo Monitoring
Detect disruptive algorithmic trading
Algo monitoring with customizable procedures and breadth of coverage in real-time
Algorithmic trading monitoring
Validus Algo Monitoring is used by global trading firms to manage and reduce risk, increase transparency, and enable regulatory compliance, including for MiFID II’s Regulatory Technical Standard 6 (RTS 6), UK and EU Market Abuse Regulation (MAR), FINRA 3110, and other supervisory rules.
Real-time monitoring
Procedure suite runs on real-time streaming data to monitor algorithmic trading performance and behavior via direct exchange drop copy feeds, internal client systems, or one of our 70+ third party platform integrations – all aggregated into a single view.
Breadth of coverage
Highly customizable parameters to cover multiple aspects of potentially disruptive behavior including volume, excessive messaging, rejects, price moves, and order, fill, and cancel rates.
In-depth analysis
View, replay and analyze the full order lifecycle, including underlying raw messages combined with market data. Filter by venue, account, and symbol.
Summary statistics
Discover the profitability and potentially disruptive behaviors of your algorithmic flow with statistical insights and customizable reporting tailored to each client.
Integrated Validus platform
Works seamlessly with Validus Trade Surveillance and Risk Controls for a single platform to lower total cost of ownership (TCO) and to streamline workflows across all lines of defense.
Post-trade controls
Investment firms engaged in algorithmic trading have specific requirements, including real-time alerts to monitor for disorderly trading or behavior on a post-trade basis.
Market conduct
Includes monitoring for market abuse violations in algorithmic trading (e.g. pinging and flashing) and calibration to minimize false negatives and false positives.
Responsive technology
To comply, “real-time alerts shall be generated within five seconds after the relevant ‘event’” and firms must take quick action once an alert is generated.
Implementing Algo Monitoring for a tier-1 bank
Eventus partnered with a Tier-1 U.S. bank to address their specific challenges related to Algo Monitoring and regulatory compliance under RTS 6. This case study delves into the core aspects of the partnership, the challenges faced by the client, the solutions provided by Eventus, and the measurable outcomes achieved.
- Fundamental algo monitoring strategies
- Analysis of enforcement action cases
- Overview of relevant regulations including MAR, RTS 6, Rule 15c3-5 and more
Algo Monitoring key benefits
Wide procedure suite
Designed to alert for disruptive trading and market abuses, and to support the testing of new algos and updates.
Scale for high volume
Battle-tested for bursts up to 150,000 messages/second with the ability to scale based on clients’ needs.
Reduce financial risk
Real-time surveillance to reduce regulatory risk and to take rapid remedial action to limit your financial loss.
Customer support
From onboarding to testing new procedures, the Eventus team of practitioners and engineers remain engaged with you.
Explore the Validus Algo Monitoring product sheet
